Business English: Finance and Economics

Go to Course: https://www.coursera.org/learn/finance-economics-english

Introduction

### Course Review: Business English: Finance and Economics Navigating the complex world of finance and economics requires not only a firm grasp of numerical data and analytical skills but also the ability to communicate effectively in English. Recognizing this need, Coursera offers the invaluable course **"Business English: Finance and Economics,"** designed specifically for professionals working within the finance sector or interacting with finance experts. This review will delve into the course's structure, content, learning objectives, and ultimately provide a recommendation for potential participants. #### Course Overview The **"Business English: Finance and Economics"** course is tailored for individuals who recognize the importance of English proficiency in their professional growth. With engaging authentic scenarios, learners are immersed in common business situations related to finance and economics. The course incorporates a mix of success stories and pitfalls, encouraging critical thinking about effective communication strategies in a business environment. #### Syllabus Breakdown 1. **Budgeting** This module sets the stage by showcasing a dialogue between Catherine and Jake regarding budget management. Learners will observe techniques for fostering open conversations, enabling them to formulate questions that promote collaboration and problem-solving. This approach not only enhances communication skills but also equips participants with the tools to navigate delicate budget conversations. 2. **Forecasting** In the second week, learners tackle the challenge of articulating complex data analysis conclusions. With practical language use for presenting charts and graphs, the module emphasizes emotional regulation when faced with challenges. Catherine serves as a guide, demonstrating how to keep one’s composure while effectively communicating results. 3. **Purchasing** Negotiating large expenditures can be daunting, but this module demystifies the process. Participants will learn the language of negotiation, focusing on achieving win-win outcomes. The lessons extend beyond technical vocabulary to include ethical considerations, ensuring that learners understand the moral implications of their business decisions. 4. **Auditing** The auditing module addresses some common hurdles encountered during audit preparations. Participants will explore methods of influencing positive interactions and understanding the dynamics of power in leadership situations. By mastering the language and tone suitable for requests and connections, learners can streamline the auditing process, making it less arduous for all parties involved. 5. **Economics** The final core module of the course focuses on the critical skill of rapid information assimilation from complex texts. Learners will develop reading strategies that enable them to extract key information efficiently, ensuring they remain informed and adept at grasping essential economic concepts. 6. **Review** The concluding module provides a comprehensive review of key concepts and language from throughout the course. With the support of videos and worksheets, participants can consolidate their learning, ensuring retention and real-world application of the acquired skills. #### Recommendation If you're striving to enhance your business English within the finance and economics spheres, I wholeheartedly recommend **"Business English: Finance and Economics"** on Coursera. This course offers practical tips, relatable learned experiences, and vital communication strategies necessary for success in finance-related roles. Whether you’re a finance professional, a student preparing for an internship, or someone transitioning into a finance-focused career, this course will elevate your communication skills and bolster your professional interactions. Participating in this course not only gives you the tools to draft high-quality emails, reports, and presentations but also prepares you for the dynamic nature of the finance world. The practical insights gained will serve you well in any future interactions, allowing you to engage confidently with colleagues and clients alike. Enroll today, and step into the future of your finance career armed with improved English skills!

Syllabus

Budgeting

While in the budgeting process, Catherine asks managers to keep their expenses flat. Jake, however, ignores this request believing he can increase sales by spending more on promotions. How do you think Catherine handles this situation? In this week, you’ll watch Catherine and Jake talk about his budget. You’ll observe how she uses questions to help Jake think of ways to meet both of their needs. After completing this week, you’ll be able to form questions that lead to open and honest conversations and produce positive results.

You’ve collected the data, done the analysis, made the forecasts. Now, you must be able to clearly explain your conclusions. After completing this week, you’ll be more prepared for this difficult task. You’ll practice useful language for describing the whole story represented in your charts and graphs and use strategies for staying calm and avoiding defensiveness when challenged. With Catherine as a model in The Challenge, you’ll be off to a good start.

Approving a large expenditure means many hours of giving and taking, of persuading and conceding. This can be a painful process, but it doesn’t need to be. Follow a process that will take the pain away. Learn the language and the process for successfully negotiating solutions where everyone is happy. After completing this week, you’ll be able to follow a process and use the language for negotiating win-win solutions. You’ll also be able to recognize tricky ethical situations where your integrity can shine.

“What documentation do you need?” “I’m sorry, but I don’t have time.” These statements are commonly heard while preparing for an audit. Do you have to have super powers to get everyone to just do what you ask? Although you may not have super powers, you definitely have the power to lead others. After completing this week, you’ll be able to recognize 5 types of power, influence positive interactions, and find words that carry the tone of your intended meaning.

So many trends to follow, so little time. After completing this week, you’ll be able to use reading strategies for quickly finding and comprehending the information and vocabulary you need--even from difficult texts.

In this week, you’ll review and practice key concepts and language from the course. Watch the videos, check your knowledge and understanding with the support of review worksheet.